Emerging Credit Rating Limited (ECRL) has affirmed A (Pronounced as Single A) long term credit rating and ST-2 short term credit rating to Popular Poultry And Fish Feed Ltd. The outlook on the rating is Stable. The ratings are consistent with ECRL’s rating methodology for this type of company. The rating is based on the audited financial statements from 2020-2021 audited and unaudited financial statement of FY2022-23 and other relevant information up to the date of rating.